Thread regarding Baker Hughes Inc. layoffs

Confirmed - Mass Global Layoffs BEFORE Thursday Earnings Call

It has been confirmed that Tues/Wed will see the latest round of RIF's. Martin's speech on Thursday wiil offer condolences to those affected but "it had to be done to remain competitive".

by
| 2755 views | | 15 replies (last ) | Reply
Post ID: @OP+FB7FYqI

15 replies (most recent on top)

You didn't find the MC global email this AM to be incredibly informative? My read of it was "we continue to muddle along doing what we do." What boggles my mind is how missing street estimates by 11 cents a share and losing over $1B in the quarter, losing money for the 4th Q in a row and almost $2B for all of 2015 causes the stock price to go up. Ok oil went up a little, but that's obviously more important than continuing to perform so much poorer than HAL and SLB?

by
| | Reply
Post ID: @4mva+FB7FYqI

sO? What now?

by
| | Reply
Post ID: @4jlq+FB7FYqI

Directors are safe ..if you're a director why would you rif yourself..?

by
| | Reply
Post ID: @2hmv+FB7FYqI

Sprint slashes 2,500 jobs to cut costs.

by
| | Reply
Post ID: @2pmm+FB7FYqI

Will the non core stuff finally get sold off?

by
| | Reply
Post ID: @1ekv+FB7FYqI

well at least i,m safe supervisor says i do a great job unlike some

by
| | Reply
Post ID: @1mla+FB7FYqI

Start of year, they was planning 5000

Now it is 7000

All managers, directors should get ready to well site to play the dirty party of the business.

Man, I like this

by
| | Reply
Post ID: @1doe+FB7FYqI

7000 will let go, also overseas

by
| | Reply
Post ID: @1ywp+FB7FYqI

7000 will be cut. Heard it on Market Place this morning.

by
| | Reply
Post ID: @1okc+FB7FYqI

I like Betty

by
| | Reply
Post ID: @1qwq+FB7FYqI

Betty will be making the speech

by
| | Reply
Post ID: @1xsp+FB7FYqI

Baker is a bunch which should lose their jobs asap. Worthless pos.

by
| | Reply
Post ID: @1kik+FB7FYqI

Earnings calls are held quarterly. Idiot.

by
| | Reply
Post ID: @1bkb+FB7FYqI

The end is coming.

by
| | Reply
Post ID: @1kwp+FB7FYqI

Speech? What speech? You are aware there hasn't been an earnings call in over a year.

by
| | Reply
Post ID: @1igp+FB7FYqI

Post a reply

: